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For the first time, the Protocol negotiated by the third Conference of the Parties to the U.N. Framework Convention on Climate Change in Kyoto sets legally binding emission targets for the commitment period 2008-2012 for the industrial countries and countries in transition listed in Annex I....
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A whole bundle of so-called "flexible mechanisms" has been foreseen by the Kyoto Protocol in order to help industrial countries to fulfil their agreed reduction targets in the most costeffective way. Emission permits will act as the backbone of all market-orientated mechanisms. Therefore, their...
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for Economic Research, is now working as an independent climate policy expert in Paris. Among other functions, he serves … as a permanent advisor and project coordinator for HWWA on the economics of international climate policy. Tobias Koch is … a specialist on Russian climate and energy policy. He is doing research with the Center for Energy Policy in Moscow and …
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